Universität zu Köln

Mimra, Wanda and Wambach, Achim (2014). New Developments in the Theory of Adverse Selection in Competitive Insurance. Geneva Risk Insur. Rev., 39 (2). S. 136 - 153. BASINGSTOKE: PALGRAVE MACMILLAN LTD. ISSN 1554-9658

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Abstract

We provide an overview of the paths taken to understand existence and efficiency of equilibrium in competitive insurance markets with adverse selection since the seminal work by Rothschild and Stiglitz (1976). A stream of recent work reconsiders the strategic foundations of competitive equilibrium by carefully modelling the market game.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Mimra, Wanda UNSPECIFIED UNSPECIFIED UNSPECIFIED Wambach, Achim UNSPECIFIED UNSPECIFIED UNSPECIFIED
URN:	urn:nbn:de:hbz:38-429791
DOI:	10.1057/grir.2014.11
Journal or Publication Title:	Geneva Risk Insur. Rev.
Volume:	39
Number:	2
Page Range:	S. 136 - 153
Date:	2014
Publisher:	PALGRAVE MACMILLAN LTD
Place of Publication:	BASINGSTOKE
ISSN:	1554-9658
Language:	English
Faculty:	Unspecified
Divisions:	Unspecified
Subjects:	no entry
Uncontrolled Keywords:	Keywords Language ASYMMETRIC INFORMATION; SELF-SELECTION; LABOR-MARKETS; EQUILIBRIUM; MODEL Multiple languages Business, Finance; Economics Multiple languages
URI:	http://kups.ub.uni-koeln.de/id/eprint/42979